Fisker stock drops after 'garbage' report about failing SUVs

Fisker is pushing back on a report that its electric SUV has faulty software that limits the vehicle's speed and will require months of troubleshooting.

More News

Emerson Electric Nears Deal to Acquire National Instruments

Emerson Electric Co. is in advanced talks to acquire National Instruments Corp. after a long pursuit of the maker of measurement systems, according to people familiar with the matter.

Dow Up, Nasdaq Down as Markets Trade in Tight Range

Major U.S. equities indexes ended mixed on April 11, 2023, after trading in a narrow range ahead of inflation data and earnings news.The Dow ticked higher, the Nasdaq dipped slightly, and the S&P 500

Jeremy Grantham says Warren Buffett’s favorite corporate tactic facilitates ‘stock manipulation’ and hurts the economy

Warren Buffett called critics of stock buybacks "illiterate" in his annual shareholder letter. But now he's facing a new critic who is anything but: hedge funder Jeremy Grantham.

Bank of America clients withdraw $2.3B from US securities

A note from bank strategist Jill Carey Hall says Bank of America clients sold roughly $2.3 billion in U.S. equities last week.

Inflation data expected to show continued signs of cooling in March

A closely-watched government measure of inflation is expected to show that price increases cooled further last month. March's Consumer Price Index (CPI), slated for release Wednesday, is expected to

Australia wage growth picks up to 3.3%, short of forecasts

Australian wages grew at the fastest annual pace in a decade last quarter but that was still short of market forecasts and could lessen the pressure for further aggressive hikes in interest rates,

Peter Thiel-Backed SPAC Weighs Merger With HK Fintech Hyphen, Sources Say

Bridgetown Holdings Ltd., the US-listed blank-check company backed by billionaires Peter Thiel and Richard Li, is considering a merger with financial technology firm Hyphen Group, according to people

.

.